Reacting to the inflationary pressures felt across Europe, UK telecom giant Vodafone Group Plc has decided to sell its long-held headquarters in England and rent out half of the premises to save costs.
Reports and Coverage
China Moves to Take Further Control Over Tech Giants
China is seeking a greater role in overseeing the country’s powerful tech companies, particularly Alibaba, considered the "Amazon of China." A venture on Tencent, the developer behind the dominant social media and messaging app, WeChat, is also reported to be in the works.
Minister Supports Crypto’s ‘Major Role' in UAE Trade
In what comes as heartening news to the digital currency market in the UAE, the country’s top minister has acknowledged the “major role” that cryptocurrency will play in the economy.
An Elevated Future: The UAE Space Sector Is Thriving
2023 is set to be a busy year for UAE's space exploration, from making history as the first Arab nation to land a rover on the Moon to sending an Emirati astronaut for a six-month trip to the International Space Station.
Tech Industry Slump Causes a Blow to Workforce and Brand Value
The technology industry is yet to recover from its current predicament of dismissing employees and suffering from depreciation. The drop in demand from the COVID-19 crisis amid a steep rise in costs has led several executives from the sector to reverse their course of action in the HR department and lose significant value due to shifting demand patterns.
Digital Offerings in MEA: Superapps in Service
The MEA region is paving its digital journey with superapps on the horizon. Telcos have shown great interest in this business model, in addition to fintech organizations and banking institutions.
Chasing Metaverse: ITU Sets Up Focus Group for Standardization
The International Telecommunication Union (ITU) has established an expert focus group to work towards international technical standards for the metaverse.
The World’s First AI-Powered ‘Robot Lawyer’ Gears Up for Court
Global tech ambitions drive use cases for maturing technologies such as artificial intelligence (AI), and one startup is willing to pay US$1 million to put their AI chatbot to the test in an actual courtroom.
TDRA Trainings Focus on Aeronautical Radio Frequency Spectrum in GCC
The Telecommunications and Digital Government Regulatory Authority (TDRA) held the workshop titled “Management and Allocation of Aeronautical Radio Frequency Spectrum in the GCC Countries” in Abu Dhabi, in collaboration with the International Civil Aviation Organization (ICAO) and in coordination with the GCC Technical Office for Telecommunications.
ITU: US$1.79 Billion Needed to Restore Ukraine’s Telecom Sector to Pre-War State
The International Telecommunication Union (ITU), commissioned in April 2022 to assess the damages to the telecommunication infrastructure and resilience of the ICT ecosystem in Ukraine as a result of Russia's invasion in February of last year, has disclosed an estimate of $1.79 billion in investment needed to restore the country’s telecommunication sector.